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I still think it's correct. Execution is the part that matters.

Almost everyone I know "came up with" some startup, ex. Uber before Uber existed, yet none of them did it. I have personally thought of maybe 2 startup ideas that later came into existence.

Come to think of it, people in my circle that have ideas left and right are _still_ not founding companies even with modern LLM's that supposedly solved programming, clearly there is a disconnect somewhere.



Ideas are seeds. Seeds can be cheap or expensive, but perhaps what we want to talk about is not the _cost_ of ideas but the _value_ of ideas.

The correlation between cost and value can be very complicated, especially in the chaotic world (or chaotic situation).


In university in 1995/96 I remember having to put my bank card details into a website to pay for something. I hated the idea that some third party would probably be storing these details and could in theory abuse them or leak them.

I was thinking it would be great to have a trusted middle man to use to pay for things that wouldn't expose my own bank card details to every website, or to be able to generate one off transaction numbers.




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